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Ed @ed3d.net

consider the risk premium

sep 2, 2025, 1:45 am • 4 0

Replies

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Stephen Judkins @stephenjudkins.bsky.social

Is electricity more dangerous in places where electrician labor is much cheaper?

sep 2, 2025, 1:53 am • 4 0 • view
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Jason Andrade @jasonandrade.bsky.social

Consider the risk premium by doing all the PV electrical work yourself (illegal in Australia) and then forgoing any insurance coverage. You could save even more money by not having home insurance at all.. 🤷🏾🤪

sep 2, 2025, 6:22 am • 0 0 • view
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Ed @ed3d.net

price that out to same-rated parts and NEC requirements, and you'll be hard pressed to get _that_ much cheaper anywhere that has any money. then add the *actual* risk premium--the one that gets your insurer called

sep 2, 2025, 1:56 am • 4 0 • view
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Stephen Judkins @stephenjudkins.bsky.social

It's possible that NEC requirements are part of the problem! Does Australia have a higher rate of electrical fires and electrocutions than we do? What explains their rooftop residential solar costing 20% as much as here?

sep 2, 2025, 1:59 am • 1 0 • view
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Ed @ed3d.net

at a whack: higher pencil-out demand leading to more competition plus substantially friendlier legal liability framework and having owned a management company, NEC is one of the few standards so well-designed that arguing with it makes you wrong by default, we don't austrian-school the sparky parts

sep 2, 2025, 2:02 am • 4 0 • view
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Ed @ed3d.net

(not, to be clear, the actual language of it, which is a patchwork because they try to update sentences instead of rewriting, but it has *remarkably* few vendor carveouts and generally implements a massive safety edge that yes, you keep when dealing with houses)

sep 2, 2025, 2:04 am • 3 0 • view
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Stephen Judkins @stephenjudkins.bsky.social

I have read through the residential NEC and it indeed seems extremely reasonable. There are some dumb parts like kitchen island outlet requirements and # of kitchen circuits but mostly it seems very reasonable

sep 2, 2025, 2:22 am • 1 0 • view